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After Turkey’s Lira lost 39% of its value against the dollar in the last month, Turkey’s President Recep Tayyip Erdogan vows to move his country to trading with Ukraine, Russia and China in their national currencies

Monday, August 13, 2018
After Turkey’s Lira lost 39% of its value against the dollar in the last month, Turkey’s President Recep Tayyip Erdogan vows to move his country to trading with Ukraine, Russia and China in their national currencies

After Turkey’s Lira lost 39% of its value against the dollar in the last month, Turkey’s President Recep Tayyip Erdogan vows to move his country to trading with Ukraine, Russia and China in their national currencies, Anadolu news agency reports. Although the Lira lost 33% against the Euro in the last month, he invited EU nations to follow suite, “if European countries also want to get rid of the shackles of the dollar.” Turkey and Ukraine are expected to sign a free trade pact by the end of the year.

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